68
68
tv
eye 68
favorite 0
quote 0
>> compared to what obama's talking about, the fiscal cliff might be better because obama not only wants soak the rich tax increases that would automatically happen, he then wants additional taxes on top of that would be very bad for american competitiveness. we don't want to send jobs to china and india but almost as if obama wants to do that. at least if we went over the cliff, we would get the sequester, which is the budget wonk term for automatic reductions in the growth of spending. melissa: absolutely but i'm not sure republicans are giving in as much as you think. if you drill down on the details, as soon as i saw 800 billion in new tax revenue, my immediate question did they give on the point of marginal rates and from the language it doesn't look like. more a tax code basically closes loopholes. they employ all the euphemisms to say you will get rid of deductions. sounds like that is where the 800 billion in new revenue is coming from. they didn't give on marginal rates at all. >> that is good news but only good news in the sense we're not traveling as fast in the wrong directio
>> compared to what obama's talking about, the fiscal cliff might be better because obama not only wants soak the rich tax increases that would automatically happen, he then wants additional taxes on top of that would be very bad for american competitiveness. we don't want to send jobs to china and india but almost as if obama wants to do that. at least if we went over the cliff, we would get the sequester, which is the budget wonk term for automatic reductions in the growth of spending....
75
75
Dec 7, 2012
12/12
by
MSNBC
tv
eye 75
favorite 0
quote 0
. >>> the effort to reach a deal on the fiscal cliff is now a two-man operation. president obama and speaker boehner. thank you. nobody else will be in the room. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his mess dwrooj the public, visiting a local virginia family as a part of his social media campaign. while sitting around the kitchen table, he told the family he felt optimistic. >> the message that i think we all want to send to members of congress is this is a solvable problem. the senate has already passed a bill that would make sure the middle class taxes do not go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done
. >>> the effort to reach a deal on the fiscal cliff is now a two-man operation. president obama and speaker boehner. thank you. nobody else will be in the room. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the...
273
273
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 273
favorite 0
quote 0
so that means, while america is hurled head first off the fiscal cliff, the obama will spend 21 days golfing, body surfing and lunching to the tune of $4 million taxpayer dollars. you can't make stuff up. >> kimberly: that sounds good to me. >> dana: the reporters would have complained if they spent 21 days in waco. but 21 in hawaii could be worse. he said let's make sure we get it done before christmas. get it done on december 16, sign it, get out of town. >> eric: $4 million. >> bob: if he was in the bathroom at the white house it would cost $4 million. >> eric: december 17 to january 6. fiscal cliff hits december 31. smack dab in middle of this vacation. he snub hawaii, body surfing. >> kimberly: conduct unbecoming. he said in the last 30 days he got woke up in one debate. other than that, he is kicking it on the "the view." check me out. pinch with a limp. >> brian: i believe he knows it's his economy now. clearly. he goes on vacation. if this is done he is not body surfing. he knows he will be tortured and ongoing katrina. john boehner is frustrated after a closed door meeting w
so that means, while america is hurled head first off the fiscal cliff, the obama will spend 21 days golfing, body surfing and lunching to the tune of $4 million taxpayer dollars. you can't make stuff up. >> kimberly: that sounds good to me. >> dana: the reporters would have complained if they spent 21 days in waco. but 21 in hawaii could be worse. he said let's make sure we get it done before christmas. get it done on december 16, sign it, get out of town. >> eric: $4...
126
126
Dec 7, 2012
12/12
by
WTTG
tv
eye 126
favorite 0
quote 0
. >>> in our other big story this morning, president barack obama takes the fiscal cliff fight to virginia. he sat down with a falls church family to talk about how ending the bush era tax cuts would affect them. if they expire the end of the month, an average family of four would have to pay about $2200 in extra taxes. the president says he is in favor of extending tax breaks for people making $250,000 a year or less but not for the top 2%. >>> down on the ellipse, there was a special ceremony to light the national crime tree. >> three, two, one! >> an it was quite the turnout for the annual lighting of the tree. the president addressed the crowd and during his speech also spoke about helping the victims of superstorm sandy. m >>> we are also following developing news overseas. up next, egyptian president mohammed morsi tries to quiet protesters but is he will to back down from his power grab. >>> a major ruling in michigan that has some workers upset and could hurt the auto industry. more on that when we return. >>> michigan is now one step closer to becoming a right to work state. y
. >>> in our other big story this morning, president barack obama takes the fiscal cliff fight to virginia. he sat down with a falls church family to talk about how ending the bush era tax cuts would affect them. if they expire the end of the month, an average family of four would have to pay about $2200 in extra taxes. the president says he is in favor of extending tax breaks for people making $250,000 a year or less but not for the top 2%. >>> down on the ellipse, there was...
143
143
Dec 4, 2012
12/12
by
MSNBCW
tv
eye 143
favorite 0
quote 0
six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on youtube and twitter explaining why he thinks the rich should pay more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more people off unemployment. >> reporter: for the jobless, president obama is asking congress for million
six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy....
235
235
Nov 29, 2012
11/12
by
KTVU
tv
eye 235
favorite 0
quote 0
to capitol hill trying to push negotiations forwards on avoiding -- forward on avoiding that fiscal cliff. he is due to meet to talk about how to avoid a series of tax heights and series of cuts due to begin in january. president barack obama said he will do whatever it takes to get this done and also today, president barack obama will have lunch at the white house with mitt romney, his former rival. during his election speech he said he would reach out to mitt romney and he is doing it. the white house has no specific ideas but they are looking forward to making the government work more efficiently. >>> there is an accident in the east bay, a big-rig slammed into three parked cars and has spilled diesel. it slammed into these cars here and the fire department is trying to mop up the diesel fuel spill. this is right between san leandro and cost trough valley. and it is off of 162nd avenue and you can see that it has created quite a mess there, so the crews will be there for quite some time trying to contain this. it did happen almost an hour ago so they have been on the scene almost an ho
to capitol hill trying to push negotiations forwards on avoiding -- forward on avoiding that fiscal cliff. he is due to meet to talk about how to avoid a series of tax heights and series of cuts due to begin in january. president barack obama said he will do whatever it takes to get this done and also today, president barack obama will have lunch at the white house with mitt romney, his former rival. during his election speech he said he would reach out to mitt romney and he is doing it. the...
169
169
Dec 2, 2012
12/12
by
CNNW
tv
eye 169
favorite 0
quote 0
cliff talks since the election. start with boehner, raising his eyebrow, what does that tell you? >> he's got a critical eye. he's going, i'm watching you. and so his eyes go off to the side with that little critical eye. you see it lifting up on that left-hand corner. >> okay. let's switch gears here. there's a photo of mitt romney. this is the one i really wanted you to look at. mitt romney having lunch at the white house this week. bitter rivals now trying to make nice, at least for a photo op. what does this photo tell you -- how is president obama treating the man he just beat? >> well, let me share something with you. this was a painful picture to look at because you can see he's actually having an emotional reaction -- >> do we have the picture -- there it is. let's put the picture up. i'm sorry, susan, go ahead. >> his chin wrinkles up -- this is not the clip. we were talking about the boehner one we just had. >> i'm talking about mitt romney and president obama meeting. >> okay. this one right here, i call
cliff talks since the election. start with boehner, raising his eyebrow, what does that tell you? >> he's got a critical eye. he's going, i'm watching you. and so his eyes go off to the side with that little critical eye. you see it lifting up on that left-hand corner. >> okay. let's switch gears here. there's a photo of mitt romney. this is the one i really wanted you to look at. mitt romney having lunch at the white house this week. bitter rivals now trying to make nice, at least...
265
265
Nov 29, 2012
11/12
by
FOXNEWSW
tv
eye 265
favorite 0
quote 0
but obama's never running again. he doesn't care who gets the blame. he is the president and a blame duck. he wants a successful second term. if it starts by going over the cliff it starts with second recession and wrecked second term. >> steve: that's why the president said i would be willing to do anything to get a deal. >> gretchen: it is not a deal. this is what the american public needs to know. this is raising taxos successful people and reducing taxes on the middle class. that is not a deal folks. they will waste your taxpayer dollars and overspend and continue to raise yourr deficit unbelievable numbers that you can't find on yourr calculator. this is not a deal and kicking the can down the road . hear the president to come to a table and find a deal. who believes that? he had four years to do that and did not do it. >> steve: smoosomeone who will not let the president of the united states raise taxes is john boehner. that is not happening. >> brian: he said revenue on the table don't act like we are not budging. >> steve: tim geithner is showi
but obama's never running again. he doesn't care who gets the blame. he is the president and a blame duck. he wants a successful second term. if it starts by going over the cliff it starts with second recession and wrecked second term. >> steve: that's why the president said i would be willing to do anything to get a deal. >> gretchen: it is not a deal. this is what the american public needs to know. this is raising taxos successful people and reducing taxes on the middle class....
108
108
Nov 30, 2012
11/12
by
KICU
tv
eye 108
favorite 0
quote 0
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
282
282
Nov 30, 2012
11/12
by
KTVU
tv
eye 282
favorite 0
quote 0
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
187
187
tv
eye 187
favorite 0
quote 0
obama wins either way, he wins if negottion go his way or if we go or the fiscal cliff, either way, america loses. not so fast, i think we have choices. that is it for us, thank you, we'll see you tomorrow night goodight from new york. neil: think fat cats are still angry at the president? t chance, what if i told you a lot of sucking up to the talk abo off the wall or ould i say off the wall street, welcome neil cavuto here, and charlie gparino had it right, there is no squirmier, bunch than those on wall street. they were throwing any money they had to make sure that barack obama would be a one term, but now all but core coreon core -- cronning him all some with betwnmperor a king. a growiumr of financial types figuring nowhat the president is in, best both ses sort things by caving in. on everything from higher taxes r t rich, that is fine. higher investment related taxes onveryone, have at it. more stimulus, why not why this folding like a cheap suit now? maybe because the financial suits figure to go along so just getlong. i think at electns have consequences, i did not think th wall s
obama wins either way, he wins if negottion go his way or if we go or the fiscal cliff, either way, america loses. not so fast, i think we have choices. that is it for us, thank you, we'll see you tomorrow night goodight from new york. neil: think fat cats are still angry at the president? t chance, what if i told you a lot of sucking up to the talk abo off the wall or ould i say off the wall street, welcome neil cavuto here, and charlie gparino had it right, there is no squirmier, bunch than...
1,012
1.0K
Nov 30, 2012
11/12
by
KNTV
tv
eye 1,012
favorite 0
quote 0
. >>> to washington for the battle to avoid the fiscal cliff heating up. president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt romney to lunch at the white house, aiming to put past differences to rest. >> i think that he's very interested in some of governor romney's ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men
. >>> to washington for the battle to avoid the fiscal cliff heating up. president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with...
160
160
Nov 29, 2012
11/12
by
FBC
tv
eye 160
favorite 0
quote 0
and president obama is sending the treasury secretary to argue about the fiscal cliff. and we talk to a reasonable democrat, why the president doesn't just lead. plus, a major incentive to buying the house, the mortgage interest deduction, it costs the federal government a lot of money, that deduction is on the table in those talks, got it? next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain ickly. try fast, long lasting gaviscon®. i heard you guys can ship ground for less than the ups store. that's right. i've learned the ly way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiy stress. save on ground shipping at fedex office. stuart: one of the biggest incentive to buying a home, mortgage interest deduction. it is on the table in the fiscal cliff tops. that deduction costs the federal government $100 billio
and president obama is sending the treasury secretary to argue about the fiscal cliff. and we talk to a reasonable democrat, why the president doesn't just lead. plus, a major incentive to buying the house, the mortgage interest deduction, it costs the federal government a lot of money, that deduction is on the table in those talks, got it? next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier...
158
158
tv
eye 158
favorite 0
quote 0
if they are not allowed to define the issue then just let barack obama try this over the cliff. barack obama, as originally the grand bargain one and 0 billion in tax cuts. then he won the election. now he wants to increase it to over one half trillion. he has double down on all of these things. if you go back historically in this whole program, you might remember roy reagan, $3 in spending cuts for every dollar in new taxes. we get the taxes but ronald reagan never get the spending cuts. orge bush lost an ection in '92. he raised taxes on the democrats promised him $2 in spending cuts for every dollar in new taxes. george bush is still waitin for those $2 in spending cuts. now the present is saying to live in give you two and a half to one. it's time the democrats and the president stepped up and cut spding. gerri: to that point. want you to respond to what the white house had to say in response to the republicans offer and then go to michael's point about what you will actually get latr. here is what dan pfeiffer said. it promises to lower rates for the wealthy and stickhe mid
if they are not allowed to define the issue then just let barack obama try this over the cliff. barack obama, as originally the grand bargain one and 0 billion in tax cuts. then he won the election. now he wants to increase it to over one half trillion. he has double down on all of these things. if you go back historically in this whole program, you might remember roy reagan, $3 in spending cuts for every dollar in new taxes. we get the taxes but ronald reagan never get the spending cuts. orge...
193
193
tv
eye 193
favorite 0
quote 0
here is what happens if obama drives us off the cliff. that 82 billion in higher taxes with the top 2 percent, add to that, we don't want to leave anybody of of this deal, $223 billion. now, do you suppose there is a reason that president obama likes to all the talk about those tax hikes, the top 2%? i wonder why. could it b that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 bilon of obamacare taxes that will hit not the 2%, not the 98%, but the middle-class, and they start hitting on january 1st, and it does not matter whether we go over the cliff for not. if you have not heard about those tax hikes, perhaps it is because the mainstream liberal media for some strange reason does not want to talk about the inconvenience impact of obama taxes on our middle-class. >> the bill is passed. lou: the house passes the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. other
here is what happens if obama drives us off the cliff. that 82 billion in higher taxes with the top 2 percent, add to that, we don't want to leave anybody of of this deal, $223 billion. now, do you suppose there is a reason that president obama likes to all the talk about those tax hikes, the top 2%? i wonder why. could it b that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 bilon of obamacare taxes...
97
97
tv
eye 97
favorite 0
quote 0
charles: on that note, we are talking about the fiscal cliff. earlier today, president obama brought the debt ceiling debate, or would be debate into the picture. it feels like a lot of the work that you do -- people say okay, we spent 100 grand on this or maybe watching the shrimp on a treadmill. it's not a big deal. >> is a big deal because the way you eliminate a trillion dollar deficit is a billion dollars at a time. the wavy you get a billion dollars is 100 million or $10 llion at a time. so what is our excuse? can we say that it is okay to waste money and hundreds of thousands of small areas that add upo trillions of dollars? or do we have to look at big areas? what i would put forward is congress isn't doing their job and how they write it and oversight it. i still pick up anyof my feet on the ground because the penny is were 3.5 cents. anyone in america who is struggng today, we don't have the luxury of ignoring stupidity and waste anymore. charles: i have less than a minute. i have to squeeze this in here. you think we could be a transi
charles: on that note, we are talking about the fiscal cliff. earlier today, president obama brought the debt ceiling debate, or would be debate into the picture. it feels like a lot of the work that you do -- people say okay, we spent 100 grand on this or maybe watching the shrimp on a treadmill. it's not a big deal. >> is a big deal because the way you eliminate a trillion dollar deficit is a billion dollars at a time. the wavy you get a billion dollars is 100 million or $10 llion at a...
248
248
Dec 4, 2012
12/12
by
CNNW
tv
eye 248
favorite 0
quote 0
president obama rejecting a fiscal cliff counter offer from republicans. the gop proposal calls for $2.2 trillion in deficit savings over the next decade, including 800 billion from tax reform. 600 billion from medicare reform, 600 billion in spending cuts. the white house is refusing to consider it because it doesn't include tax hikes for the wealthiest americans. >>> and britain is rife with speculation this morning, is kate having a boy, or a girl? is she having twins? triplets? what about a name? britain is buzzing with news that prince william's wife, katherine, is pregnant. she is in a london hospital being treated for severe morning sickness. >>> students at one elementary school in atlanta will attend class in a different building this morning. dozens were sickened yesterday at their regular school by carbon monoxide poisoning. at least 49 were sent to the hospital. fire officials believe the heating system failed. later this morning we will talk to a student, a parent and a school official. >>> the judge overseeing the court marshall of nadal hass
president obama rejecting a fiscal cliff counter offer from republicans. the gop proposal calls for $2.2 trillion in deficit savings over the next decade, including 800 billion from tax reform. 600 billion from medicare reform, 600 billion in spending cuts. the white house is refusing to consider it because it doesn't include tax hikes for the wealthiest americans. >>> and britain is rife with speculation this morning, is kate having a boy, or a girl? is she having twins? triplets?...
216
216
Dec 1, 2012
12/12
by
FOXNEWSW
tv
eye 216
favorite 0
quote 0
that is president obama's lead negotiator in the fiscal cliff talks. it's all happening tomorrow on fox news sunday. check your local listings for the time and channel in your area. >> rick: speak of the president, we could soon be learning who he wants to have serve in his administration in his second term. source telling fox news, a slate of nominations could be coming this month and that would likely include a replacement for the defense secretary, leon panetta, and if that does happen, it will come a little sooner than a lot of people had expected. the short list reportedly includes former republican senator chuck hagel, deputy defense secretary ashton carter, michelle floroni, a top official and democratic senator john kerry >> arthel: a reported murder-suicide rocking the nfl today. police say kansas city chiefs linebacker gentleman von belcher shot and killed his girlfriend this morning. he than drove to arrowhead stadium where he killed himself in front of his coach and general manager. elizabeth prann live from atlanta with more on this very s
that is president obama's lead negotiator in the fiscal cliff talks. it's all happening tomorrow on fox news sunday. check your local listings for the time and channel in your area. >> rick: speak of the president, we could soon be learning who he wants to have serve in his administration in his second term. source telling fox news, a slate of nominations could be coming this month and that would likely include a replacement for the defense secretary, leon panetta, and if that does...
63
63
tv
eye 63
favorite 0
quote 0
on the fiscal cliff going to hurt your 401(k)? and is the government putting your car at risk? aaa and my next guest says, yes, they are. we'll tell you how after the breaa [ abdul-rash ] i've been working sinci s about 16. you know, onjob or the other. the moment i couldess the retirement plan, you know, it's like it just hits you fast. you know, you start thinking out what's really important here. ♪ ♪ [ male nouncer ] they are a glowing example of what it means toe the best. and at this specialime of year, they shine even brighter come to t winter event and get the merces-benz you've always wished for now for an exceional price. [ santa ] ho, ho, , ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local rs-benz dealer. why let erectile dysfunction getn your way? talk to your doctor about viagra. ask your heart is healthy enough for sex. do not take viagra if you ke nitrates for chest pain; it may cause an unsafe drop in blood pressure. side fects include headache, flushing, upsettomach, and abnormal vision.
on the fiscal cliff going to hurt your 401(k)? and is the government putting your car at risk? aaa and my next guest says, yes, they are. we'll tell you how after the breaa [ abdul-rash ] i've been working sinci s about 16. you know, onjob or the other. the moment i couldess the retirement plan, you know, it's like it just hits you fast. you know, you start thinking out what's really important here. ♪ ♪ [ male nouncer ] they are a glowing example of what it means toe the best. and at this...
155
155
tv
eye 155
favorite 0
quote 0
up next, the obama ultimatum. tax the rich, or he'll take the country over the cliff. vote on the facebook page, do you agree president obama's ultimatum on higher taxes are responsible for driving us over the cliff if that were to occur? we're talking with monica and angela, and lori. that's right, the a-team is next, and you don't want to miss them. lou: joining me now the a team, author of "what the bleep just happened" i love that title, radio talk show host monica crowley, and fox news political analyst, angela, and fox business network lori rothman. let's start with, if we may. this fiscal cliff. the republicans, as i mentioned, they are not mounting any kind of response to the charge by the administration. >> not surprising. the republicans have been known for as long time as the stupid party, they are a hot mess, they came out of this elect on the losing end, they have done nothing to try to regroup, this affects every american's life and pocketbook, they still can't get it together with a coherent message based on their core principals, economic freedom, and l
up next, the obama ultimatum. tax the rich, or he'll take the country over the cliff. vote on the facebook page, do you agree president obama's ultimatum on higher taxes are responsible for driving us over the cliff if that were to occur? we're talking with monica and angela, and lori. that's right, the a-team is next, and you don't want to miss them. lou: joining me now the a team, author of "what the bleep just happened" i love that title, radio talk show host monica crowley, and...
1,130
1.1K
Nov 29, 2012
11/12
by
KNTV
tv
eye 1,130
favorite 0
quote 0
. >> reporter: meanwhile with the so-called fiscal cliff looming, president obama sends his chief negotiator, tim geithner, to capitol hill today for individual meetings with each member of the congressional leadership, including speaker boehner. wednesday, mr. obama brought back a campaign atmosphere, surrounding himself with what he called average middle class families to ramp-up pressure on republicans. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> reporter: the president wants congress to extend the bush tax rates for those making less than $250,000, but let taxes go up for everyone else. he's taking that message on the road friday to pennsylvania. not to be outdone on the pr front, house republicans hosted a group of nervous business leaders who have signed on to a campaign called "fix the debt" who want spending cuts to supplement the tax hikes. >> we put revenue on the table as long as it's accompanied by serious spending cuts to avert this crisis. >> reporter: and as the president gets set to change up
. >> reporter: meanwhile with the so-called fiscal cliff looming, president obama sends his chief negotiator, tim geithner, to capitol hill today for individual meetings with each member of the congressional leadership, including speaker boehner. wednesday, mr. obama brought back a campaign atmosphere, surrounding himself with what he called average middle class families to ramp-up pressure on republicans. >> if congress does nothing, every family in america will see their taxes...
144
144
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 144
favorite 0
quote 0
this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said he only wanted $800 billion when he was running, now he's doubled it, but there's no cuts. government can't find waste, fraud, abuse, cut back on their intoxication and power grab with spending? >> i agree that medicare is one program that has a lot of fraud. quite frankly the president has been very clear that they're going to be -- >> sean: when? when? >> democrats and republicans will have to suck it up. when you guys call caving in, i call compromise. >> sean: republicans compromise, cave, and -- >> we're not violating the tax pledge if we let somet
this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said...
126
126
tv
eye 126
favorite 0
quote 0
let's at least get over the psychological hurdle of the fiscal cliff. move on, and put some bandaid together and then hopefully, the next group in there, minus obama, starts to cure this four years from now, because nothing's goingo happen in the next four years good. but maybe we get through the fiscal cliff, but then another fiscal cliff comes, that's the whole point of this. >> in fact, and there was a proposal this week to try it get rid of the fiscal cliffs and no longer give congress full power to extend the debt. but i think, i'll tell you what, i'm kind of curious to see the other guys, i think we're going over the fiscal cliff because i think that congress would much rather have us go over the fiscal cliff and then vote to lower taxes and increase spending and they can't bare to raise taxes and reduce spending and that's where we'll end up in three months and have a vote to lower taxes and increase spending. >> jonas what does it do in the short-term, i know you're talking long-term. but short. >> they'recaring everybody about this, like we've
let's at least get over the psychological hurdle of the fiscal cliff. move on, and put some bandaid together and then hopefully, the next group in there, minus obama, starts to cure this four years from now, because nothing's goingo happen in the next four years good. but maybe we get through the fiscal cliff, but then another fiscal cliff comes, that's the whole point of this. >> in fact, and there was a proposal this week to try it get rid of the fiscal cliffs and no longer give...
416
416
Nov 30, 2012
11/12
by
KGO
tv
eye 416
favorite 0
quote 1
. >>> and it looks like those talks in washington to avoid that so-called fiscal cliff, looming at year's end, will go down to the wire after all. senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all u.s. imports come through those terminals. negotiations are set to resume today. >>> very unusual scene just south of there, in san diego. an out-of-control truck slammed into a fire hydrant, sending water shooting cinematically 30 feet into the air. like a geyser. the truck actually plowed into a bar, leaving a gaping 11-foot hole in the wall. thankfully, no one was hurt. >>> now, here's diane sawyer, with a preview of tonight's "world news." diane? >> josh, great
. >>> and it looks like those talks in washington to avoid that so-called fiscal cliff, looming at year's end, will go down to the wire after all. senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in...
131
131
tv
eye 131
favorite 0
quote 0
. >> thank you, rri, when we come back, is obama's refusal to compromise on the scal cliff going to hurt your 401(k)? and is the government putting your car at risk? aaa and my nex guest says, yes, they are. we'll tell you how after the bra wi the spark miles card from capital one, thor gets great wards fohis small buss! your boa! [ garth ] thor's small business earns double miles on every purchase, ery day! ahh, the new fabrics. puit on my spark card. ow. [ gah ] why settle for less? the spiked hls are workg. wait! [ gah ] great business deserve great rewards. [ male announcer ] the spark business car from capital one. choose unlimited rewards with double miles or 2% cash back on everyurchase, every day! what's in your wallet? [ eers and applause ] you know how painful heartburn n be. for fast, long lasting relief, use doctor remmended gagaviscon®. only gaviscon® forms protective barrier that helps block stomach ad from splashing up- relieving the pain quickly. ry fast, long lastin gaviscon®. gerri: more warnings what they call e 15 fuel has one lawmaker tryg to put the brak on the e
. >> thank you, rri, when we come back, is obama's refusal to compromise on the scal cliff going to hurt your 401(k)? and is the government putting your car at risk? aaa and my nex guest says, yes, they are. we'll tell you how after the bra wi the spark miles card from capital one, thor gets great wards fohis small buss! your boa! [ garth ] thor's small business earns double miles on every purchase, ery day! ahh, the new fabrics. puit on my spark card. ow. [ gah ] why settle for less? the...
171
171
tv
eye 171
favorite 0
quote 1
up next, president obama meeting with everyone about the fiscal cliff, everyone except for the leaders in washington d.c. for the republican party. we will share ourist of people that the president might also want to think about sitting down with. it might have just about as much affect as president obama plane taxman. how much higher? we will show you what some suspect about the math in d.c. in the "chalk talk" next. you stl think you'reolder than me? nah. don tell me. tell tiny! [ ice crackling ] [ knuckles cracking ] and who are you supposedo be, back-up? handlet. what you looking at? ha! cat-like reflexes... whoa! [ male announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the coldest. don't you do it. don't you do it! [ male announcer ] frost brewed coors light. the world's most refreshing beer! mortgage. married. two great kids. he wantso protect his family with a $500,000 term life insurancpolicy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly
up next, president obama meeting with everyone about the fiscal cliff, everyone except for the leaders in washington d.c. for the republican party. we will share ourist of people that the president might also want to think about sitting down with. it might have just about as much affect as president obama plane taxman. how much higher? we will show you what some suspect about the math in d.c. in the "chalk talk" next. you stl think you'reolder than me? nah. don tell me. tell tiny! [...
178
178
Dec 4, 2012
12/12
by
CNBC
tv
eye 178
favorite 0
quote 0
state governors meeting with president obama to express their fears about the fiscal cliff while both sides squabble. we are going to get an expert lesson from a best-selling author on the art of getting deals done. investors are getting ready for friday's crucial employment report. so where are the jobs right now who is hiring? who is creating them in the face of the fiscal cliff? we have got the answers and they may surprise you. >>> and let the debate begin. it's a little fuzzy, roll the tape. there you go a new study says high-speed trading on wall street is hurting the small investor and even puts a price tag on exactly how much the little guy is getting killed. you know they're talking about that one, sue, down at the new york stock exchange. how are you doing, sue? >> great, ty. indeed they are talking about that and we are going to talk bhort exact numbers on that study in just a few minutes. stocks are steady. talks continuing in washington. we are just down about 12 points on the dow jones industrial average, 27 days until america goes over that fiscal cliff. the president j
state governors meeting with president obama to express their fears about the fiscal cliff while both sides squabble. we are going to get an expert lesson from a best-selling author on the art of getting deals done. investors are getting ready for friday's crucial employment report. so where are the jobs right now who is hiring? who is creating them in the face of the fiscal cliff? we have got the answers and they may surprise you. >>> and let the debate begin. it's a little fuzzy,...
81
81
Dec 6, 2012
12/12
by
WTTG
tv
eye 81
favorite 0
quote 0
is the white house ready to go over the fiscal cliff? and he said absolutely. is that digging in or a scare tactic? i was surprised to hear him say that. >> one of the biggest criticisms of president obama and the administration has been they tend to negotiate against themselves. i'm at this position and a week later i'm at this position. what he's trying to do is show their hardening their stance but in the end they will make a deal. it's hard to raise $1.6 trillion in revenues. most of the deals we've seen that were working were two and a half to one spending cuts. and all you are hearing about is revenues. >> the republicans on the hill really believe that the president is prepared to go over the cliff and blame them. they believe this is a political exercise. and so they believe that's what's happening. gietner hardened their position. >> we have about a minute left. want to shift focus to syria. there's word that they are preparing chemical weapons i mean loading some of these chemical weapons into bombs and into planes. what are your concerns about this?
is the white house ready to go over the fiscal cliff? and he said absolutely. is that digging in or a scare tactic? i was surprised to hear him say that. >> one of the biggest criticisms of president obama and the administration has been they tend to negotiate against themselves. i'm at this position and a week later i'm at this position. what he's trying to do is show their hardening their stance but in the end they will make a deal. it's hard to raise $1.6 trillion in revenues. most of...
248
248
Dec 2, 2012
12/12
by
MSNBCW
tv
eye 248
favorite 0
quote 0
the man chosen by president obama to play a key role in the intense fiscal cliff negotiations is putting blame on the gop. here's timothy geithner on "meet the press." >> the only thing that stands in the way of a deal right now is if a group of republican members decide they are going to block a deal because they want to extend tax cuts. what you can expect from the and the a willingness to sit down and explore what the best way to get through this is. it's in the interest of the american people. >> that was followed by a fierce response from grover norquist, the man behind the no tax hike pledge embraced by many in the gop. >> every republican who had impure thoughts has to go back to the drawing board. they have just been told there are no real reforms in this budget. $1.6 trillion in tax increases. >> joining me is eleanor cliff and david dreker thank you for being here. so eleanor, we have timothy geithner who says there will be a deal before the end of the year but it doesn't look like anyone is willing to budge. is that your take away? >> i think there's a rhythm to these negotiat
the man chosen by president obama to play a key role in the intense fiscal cliff negotiations is putting blame on the gop. here's timothy geithner on "meet the press." >> the only thing that stands in the way of a deal right now is if a group of republican members decide they are going to block a deal because they want to extend tax cuts. what you can expect from the and the a willingness to sit down and explore what the best way to get through this is. it's in the interest of...
188
188
tv
eye 188
favorite 0
quote 0
liz: president obama discussing the fiscal cliff, and, plus, speaking live to the iowa governor, his state facing a double whammy if we go over the cliff. what compromises he'd love to see come out of washington, and how he believes they could reach them. this is a guy who deals with the democratic senate, so, really, he knows how to cross the aisle to make it happen. david: somebody else you know about, with all the talk about tax increases, the idea of a simple flat tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high histor
liz: president obama discussing the fiscal cliff, and, plus, speaking live to the iowa governor, his state facing a double whammy if we go over the cliff. what compromises he'd love to see come out of washington, and how he believes they could reach them. this is a guy who deals with the democratic senate, so, really, he knows how to cross the aisle to make it happen. david: somebody else you know about, with all the talk about tax increases, the idea of a simple flat tax dead? we'll see....
133
133
Dec 1, 2012
12/12
by
FOXNEWSW
tv
eye 133
favorite 0
quote 0
. >> sean: the cost of president obama's arrogance could be off the fiscal cliff. he is deeply liberal, deeply ideological, reckless, irresponsible and no interest in seriously negotiating with the republican party and he's now putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent concrete evidence of how irresponsible president obama is, you need look no further than his opening bid in budget talks. the proposal awd to republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate
. >> sean: the cost of president obama's arrogance could be off the fiscal cliff. he is deeply liberal, deeply ideological, reckless, irresponsible and no interest in seriously negotiating with the republican party and he's now putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent...
213
213
Nov 30, 2012
11/12
by
CURRENT
tv
eye 213
favorite 0
quote 0
going over the cliff is a win. obama gets to raise taxes, which by the way include tax increases on middle class. >> no. >> sound byte: you have to make a pretense of paying for the welfare state. he does want more revenue but not to balance budgets. he wants more revenue to spinned it. >> he's lowering taxes on 98% of the people and raising it on the top 2% including people like rush limbaugh, which is why he's whiney. >> stephanie: too, it's even the very wealthy. it's only--the first $250,000 of your income. >> right. >> stephanie: it's amazing that all of this heat and noise over all this when it's not--as the president often said it's asking the rich to pay a little bit more, and it literally is a little bit more. like we're going back to eisenhower tax rates? >> not even close. not even kennedy tax rates. >> stephanie: yes, you still get the tax cut. that's what he was saying, the first $250,000 of your income which even wealthy people. >> which is absolutely fair. >> stephanie: peter johnson whose name is pe
going over the cliff is a win. obama gets to raise taxes, which by the way include tax increases on middle class. >> no. >> sound byte: you have to make a pretense of paying for the welfare state. he does want more revenue but not to balance budgets. he wants more revenue to spinned it. >> he's lowering taxes on 98% of the people and raising it on the top 2% including people like rush limbaugh, which is why he's whiney. >> stephanie: too, it's even the very wealthy. it's...
137
137
Nov 29, 2012
11/12
by
FBC
tv
eye 137
favorite 0
quote 0
president obama for his part seems utterly unimpressed by market volatility and the consequences of failure to resolve the issues of tax hikes and spending cuts that go into affect the first of the year. as the markets were falling in the first hour of trading this morning, house speaker john maynard stood up and offered support to investors and leaders for the market. stocks stabilized and then began climbing on the speaker's expression of optimism that a deal is within reach. we will take all of that up and more here toight with bedford open geyser ceoharvey eisen and republicans who have put tax revenue on the negotiating table , and some republicans have flat out repudiated their anti-tax increase pledge. the author of that pledge, grover norquist, here and we will ask him how it is that he came to be the villain in this piece, how it feels to be the subject of attacks from both the left and some on the right and what the future holds for those republicans who break their pledges to voters. also tonight, demonstrations for a sixth straight day in egypt. the united nations on statehood f
president obama for his part seems utterly unimpressed by market volatility and the consequences of failure to resolve the issues of tax hikes and spending cuts that go into affect the first of the year. as the markets were falling in the first hour of trading this morning, house speaker john maynard stood up and offered support to investors and leaders for the market. stocks stabilized and then began climbing on the speaker's expression of optimism that a deal is within reach. we will take all...
253
253
Nov 30, 2012
11/12
by
CNBC
tv
eye 253
favorite 0
quote 0
cliff meetings. many of the executives saying that the white house sounded resounding resoundingly reasonable when describing plans to address the debt and deficit. >> so was this proposal the white house made yesterday with more spending and very few spending cuts, was that what mr. sorenson was expecting out of the gate? he joins us on the telephone with his thoughts. good to have you with us. >> glad to be with you. >> when you were with the other ceos at the white house, does it jive with what we're hearing about that made mitch mcconnell laugh yesterday? are those two plans one in the same? >> well, i'm hopeful that what's happening in the media is posturing by both parties and doesn't reflect where either party thinks a deal will end up. i think what the president talked with us about on wednesday afternoon was much more a sense of where things ought to end up, and that was, i think, somewhat different than it sounds like what was proposed. >> so you didn't hear about the tax increase for the w
cliff meetings. many of the executives saying that the white house sounded resounding resoundingly reasonable when describing plans to address the debt and deficit. >> so was this proposal the white house made yesterday with more spending and very few spending cuts, was that what mr. sorenson was expecting out of the gate? he joins us on the telephone with his thoughts. good to have you with us. >> glad to be with you. >> when you were with the other ceos at the white house,...
108
108
Nov 30, 2012
11/12
by
FBC
tv
eye 108
favorite 0
quote 0
take the fiscal cliff stuff out, obama taxes target small businesses, let's say have you a small, not unreasonable you make around $500,000, you. we like 15 people. you raise their taxes, they will lop off 2 or 3 of those people. neil: who are these small business guys that got in. >> i'm sure some of them have- you know, listen, not all small businesses are monolithic. neil: who are big business guys. >> lloyd, just so you know, i know him personal, saying how great the president's plan is, ear something like warren buffet, they made so much money already. what do they care if you take of their taxes a little bit. james gorman that runs morgan stanley, i really like, said put pressure on congress to get a deal done, i am sure that that james would not care if they raised upper rate on people, but morgan stanley still pushing for certain deducts that helpusiness, i would be careful with listening to the quote, unquote corporate. >> we did look at this, we cannot prove a exact number but overwhelming number, either donated or were active supporters of the president, and diagramcrattic
take the fiscal cliff stuff out, obama taxes target small businesses, let's say have you a small, not unreasonable you make around $500,000, you. we like 15 people. you raise their taxes, they will lop off 2 or 3 of those people. neil: who are these small business guys that got in. >> i'm sure some of them have- you know, listen, not all small businesses are monolithic. neil: who are big business guys. >> lloyd, just so you know, i know him personal, saying how great the president's...
117
117
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 117
favorite 0
quote 0
obama will also be badly damaged by this. he's head of the parade and a a badly weakened economy is going to hurt him more than anything. the republicans need to figure out their hand is stronger than they think, and they need to remember they are the ones that control spending and under no circumstances should they ever give obama a blank check or give up their constitutional authority. now four, republicans, and in particular, john boehner, a party that gets trapped, you always suffer and they suffer in particular if they lose the battle over the narrative. that's what's happening to republicans since all the focus is on tacks tacks and not spend. republicans need to take steps like passing real legislation that allows them to talk about their agenda, not what obama needs to talk about, and they have to figure out creative ways to make their case to the american people. it's time that republicans have the courage of their convictions. it is simply immoral to continue to steal from future generations with out of control defi
obama will also be badly damaged by this. he's head of the parade and a a badly weakened economy is going to hurt him more than anything. the republicans need to figure out their hand is stronger than they think, and they need to remember they are the ones that control spending and under no circumstances should they ever give obama a blank check or give up their constitutional authority. now four, republicans, and in particular, john boehner, a party that gets trapped, you always suffer and...
122
122
Nov 29, 2012
11/12
by
FBC
tv
eye 122
favorite 0
quote 0
schedule, just about 30 days until the fiscal cliff arrives. the "a-team" is here to tell us what the president is doing. what is his real game? what is up on capitol hill? regal explain the president's strategy. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. intrucing the ishares core, building blocks for the heart of your portfolio. find outhy 9 out of 10 large professional investors building blocks for the choose ishares for their etfs. ishares by blackck. call 1-800-ishes for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lou: well, joining us now, economist, author, a pulitzer prize-winning new york columnist, fox news contributor, and democratic strategist. the you think we're going to go over the cliff? >> absolutely not. lou: will stop at? >> one, i think the president's lead, but also the fact that y
schedule, just about 30 days until the fiscal cliff arrives. the "a-team" is here to tell us what the president is doing. what is his real game? what is up on capitol hill? regal explain the president's strategy. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. intrucing the ishares core, building blocks for the heart of your portfolio. find outhy 9 out of 10 large...
954
954
Nov 29, 2012
11/12
by
CNNW
tv
eye 954
favorite 0
quote 0
optimism on fiscal cliff negotiations. the dow rallied because of those comments. if there's no deal, though, the bush tax cuts will expire, sending taxes up to about $2,000 for a typical family of four. president obama taking that number to twitter, asking americans to tweet lawmakers using the #my2k. telling lawmakers what that means to them. he would lo he would like them to expire for americans making over $250,000, though. >>> more than half a trillion dollars has been spent on jobless benefits over the past five years. whether to extend additional federal unemployment benefits beyond the end of the year. rising number of families on food stamps, 15,000 families received food stamps up 10% from 2010. >>> cnn's 2012 hero of the year will be an all-star tribute, bringing together the world and people helping others. >> some of those stars have their own tales of inspoiration. including superstar gloria estefan. >> the people we should really celebrate are people out there that are doing other things helping other human
optimism on fiscal cliff negotiations. the dow rallied because of those comments. if there's no deal, though, the bush tax cuts will expire, sending taxes up to about $2,000 for a typical family of four. president obama taking that number to twitter, asking americans to tweet lawmakers using the #my2k. telling lawmakers what that means to them. he would lo he would like them to expire for americans making over $250,000, though. >>> more than half a trillion dollars has been spent on...
306
306
Dec 3, 2012
12/12
by
CNNW
tv
eye 306
favorite 0
quote 0
. >>> in 29 days the nation goes over that so-called fiscal cliff. tax hikes and spending cuts kick in if no agreement is reached between the house and republicans on how to close the budget gap. it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only
. >>> in 29 days the nation goes over that so-called fiscal cliff. tax hikes and spending cuts kick in if no agreement is reached between the house and republicans on how to close the budget gap. it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal...
108
108
Nov 29, 2012
11/12
by
FBC
tv
eye 108
favorite 0
quote 0
all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors confidence as opposed to taking the punch bowl away with quantitative easing of the mitt romney as president so when the fed says they will keep interest rates relatively low we are absolutely low and some time in 2013 you have to believe that. liz: the journal says qe 4 is coming. he is coming up in a minute because he got a big scoop yesterday on q e 4. great to have you on the program. the dow 14,000, you are obviously the bull, what would get us there and in what period of time? >> nice to be on with you. i think when we look at the technicals here we are seeing a strong landscape of many individual stocks representing broad diverse leadership. this would not say if the expectations were for a fault of of the fiscal cliff. the market has been resilient in the face of a lot of headline news in recent years and i think as tom
all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors confidence as opposed to taking the punch bowl away with quantitative easing of the mitt romney as president so when the fed says they will keep interest rates relatively low we are absolutely low and some time in 2013 you...